Unit B/148 Quay Street, Auckland Central Prime Britomart Retail investment

Available PropertyFiles:

  • 1. PIM - Quay St, 148B (Sept 2023).zip
  • 2. AGM (12 April 2020) - Quay St, 148B.pdf
  • 3. AGM (12 April 2021) - Quay St, 148B.pdf
  • 4. AGM (12 April 2022) - Quay St, 148B.pdf
  • 5. BC Rules - Quay St, 148B.pdf
  • 6. PCDS - Quay St, 148B.pdf
  • 7. Lease Documentation - Quay St, 148B.zip
  • 8. LIM - Quay St, 148B.zip
  • 9. COT - 148B Quay Street, Auckland.pdf

Property Description

• Fully-leased freehold investment in Auckland's tightly-held Britomart Precinct
• Long-standing tenant in place since 2011
• Significantly under-rented at net $93,800 + GST (pa) with upcoming review
• A rare and affordable opportunity in this vibrant waterfront precinct.

Investments in Britomart are rare, particularly those that are freehold and affordable. Don't miss this opportunity.
The property comprises a high-profile ground-floor retail premises with huge street frontage. It has a strategic position in Auckland's Britomart Precinct, a vibrant location dominated by beautiful character architecture and home to major corporates, a range of boutiques, bars and cafes and the Britomart Train Station.
Understandably, the current tenant has remained cemented in this position since 2011 while the Britomart Precinct has undergone significant rejuvenation. There is genuine rental growth to be taken advantage of and built-in rental growth to follow.
This is one for long-term hold.

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Contact Tony Chaudhary

Bayleys Real Estate Limited, Manukau

Licensed under the REA Act 2008

021995121   tony.chaudhary@bayleys.co.nz   All Listings

Tony Chaudhary’s proven strategies for attaining outstanding results for his commercial property clients have seen him rise through the ranks of Bayleys since joining the group 15 years ago. Tony has ranked amongst the company’s Top 5% of agents nationwide every year since joining Bayleys and he was awarded the esteemed title of No 1 Commercial Agent, New Zealand in 2020/2021.

Specialising in the South/East Auckland commercial property sales market, Tony’s expertise is also regularly called upon by his clients throughout the Auckland market as they recognise the value he can add to the real estate table.

Regularly dealing with individual property owners, corporate clients, high-profile national retail groups, and key international property clients, Tony’s business has grown exponentially on the back of repeat and referral business, record sales prices, a changing market, and clever solutions to his clients’ property challenges.

It is no surprise due to the continuing growth of the business that Tony is now supported by Janak Darji, Gaurav Minhas and Manu Pundir who each bring their own wealth of knowledge and expertise to the team. Tony’s proficiency in Hindi, Punjabi, and English, plus an understanding of Gujarati, allow him to gain people’s confidence and give him the edge in negotiations. Janak also speaks Gujarati and Gaurav also speaks Punjabi, Hindi and Fiji-Hindi.

Tony Chaudhary and his team efficiently services a growing national and international client base which values their diligent work, intelligent marketing strategies and proven negotiation skills that Tony has consolidated. Tony and the team invest significant time and energy to ensure that every avenue is pursued to find the right buyer for each property he is entrusted to market.

Deeply established in the Auckland commercial property market, Tony and his team, together with the reputable Bayleys brand, delivers exceptional real estate service to discerning property owners keen to realise true market value in the competitive marketplace.